Lepercq De Neuflize Asset Management LLC is a large advisory firm based in New York. It manages $694.26 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2002.
Lepercq De Neuflize Asset Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Lepercq De Neuflize Asset Management LLC is $694.26 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 395% since the beginning of its operation, and $656.88 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Lepercq De Neuflize Asset Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Lepercq De Neuflize Asset Management is pooled investment vehicles with 5 clients and $692.38 million of assets under management. Among the 10 most similar advisory firms, Lepercq De Neuflize Asset Management has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $694.26 million for 6 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Lepercq De Neuflize Asset Management also advises several private funds. Namely, five hedge funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $1,000,000.
The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
William Kyle Cleeton joined the executive team most recently as the Co Chief Investment Officer.
The principal office where Lepercq De Neuflize Asset Management LLC performs its advisory services is located at 156 W. 56 Th Street, New York, NY 10019, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-698-0700 or by fax 212-262-0155. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at lepercq.com/?go=lepercq-de-neuflize-asset-management-llc.